Rockefeller Capital Management, which has poached dozens of experienced financial advisors since forming four years ago, plans to more than double the number of its advisor teams in the coming years, according to news reports.

The company currently has 85 teams overseeing $90 billion in client assets, which is already five times more than the firm had when it formed in 2018, Bloomberg writes.

In the coming years, Rockefeller Capital Management plans to add 115 more teams, according to the news service. The firm will focus on areas that have benefited from an exodus of wealthy investors from New York and other urban centers, such as Charlotte, North Carolina; Austin, Texas; and Nashville, Tennessee, which “are clear growth centers,” chief executive officer Greg Fleming told Bloomberg last week.

Fleming added that he anticipates expanding the number of the firm’s locations from the current 38 to 45 or 50, according to the news service.

Fleming, who previously served as president of Merrill Lynch as well as Morgan Stanley, established Rockefeller Capital Management as an expansion of the family office set up by John D. Rockefeller in 1882, Bloomberg writes. In 2018, with backing from the hedge fund Viking Global Investors, Fleming acquired Rock & Co., the family’s investment firm, according to the news service.

Chief executive of Rockefeller Capital Management has grown through aggressive poaching from both of Fleming’s former wirehouse homes as well as from UBS and other firms.

The CEO said last week that after the firm meets its targets, it “could create an organic growth model, where our existing clients give us more money to take care of on their behalf, they refer us to other clients and we grow organically,” according to Bloomberg.